Food and Beverage Franchise opportunities to start in Barnstaple
Barnstaple and its prospects for new Businesses
You could start your own business by becoming a franchisee in Barnstaple. There are a number of opportunities to choose from in North Devon, located in the South West. Have a look at our selection of brands and start managing your own business with a team behind you. Start by looking for franchise options in the line of work you are most interested in. This will most likely help you find a brand that sparks your curiosity.
There are an estimated 96,000 people in the North Devon area. The 60+ age group has the highest concentration within the population. With an average gross annual income of £22,123, salaries in North Devon are lower than the average income of close to £31,000 across the UK.
Why choose to open a business in the Food and Beverage sector?
There are 23 brands offering franchise options in the Food and Beverage sector. In fact, the Food industry as a whole offers a wide range of franchises to invest in, including 11 Sweets franchise, nine Healthy Food franchises, three Wine franchises, seven Vegan franchises and 14 Drinks franchise. Explore our available brands to find a potential match. Many companies in North Devon already work in the Hospitality and Food Services industry, which employs six,000 people. You would become a part of a well-established business community.
Take a look at these three business examples
If you are interested in starting a business in the Food and Beverage sector, Baguette Express could be an option for you. Initially established in 1999, Baguette Express now has over 21 years of experience under its belt. By joining its current 38 franchisee, you would be joining a growing brand network. You will need to invest £60,000 to begin operating your own Baguette Express business. Your personal investment should account for at least £30,000 of the total amount. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. By investing in this established brand, you could be eligible for financial aid.
If the Food and Beverage sector appeals to you, Heavenly Desserts is another option you could consider. By joining its 21 franchise already in operation, you could contribute to this brand's expansion. This business opportunity requires a substantial initial investment of £190,000. You could get a loan to help cover startup costs, in which case your personal investment will generally need to cover 30 to 50% of the total investment. Heavenly Desserts requires a minimum personal investment of £110,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. When investing in this franchise, you could qualify for financial assistance.
Lastly, you could also have a look at Crêpeaffaire. There are 24 outlet open so far, and the network is expanding. Starting a Crêpeaffaire franchise will require you to invest a minimum of £200,000. At least £130,000 of this should come from your own personal investment. It is thus less appropriate for new investors. A large premises will also be required to operate this business. An investment in this franchise entitles you to financial aid, if eligible. See our website for details.
If you would like to work in the Food and Beverage sector, the perfect investment opportunity could be waiting for you among our 23 available franchises in the sector. You will find a total of 236 franchise options on Point Franchise. So if you are still looking for the perfect business opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.